MT Q4 2023 Earnings — ArcelorMittal S.A. Revenue & Financial Results | Market Cap Arena

MTArcelorMittal S.A.

$44B

Q4 2023 Earnings

Basic Materials Steel

Income Statement

Revenue

$14.6B-13.8% YoY

Gross Profit

-$47.0B-323.1% margin

Operating Income

-$2.0B-13.6% margin

Net Income

-$3.0B-20.4% margin

EPS (Diluted)

$-2.49

QoQ Revenue Growth

-12.4%

Cash Flow

Operating Cash Flow

$4.6B

Free Cash Flow

$2.0B

Stock-Based Comp.

$39M

Balance Sheet

Total Assets

$93.9B

Total Liabilities

$37.8B

Stockholders' Equity

$54.0B

Cash & Equivalents

$7.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14.6B	$16.9B	-13.8%
Gross Profit	-$47.0B	-$48.5B	+3.0%
Operating Income	-$2.0B	-$306M	-547.1%
Net Income	-$3.0B	$261M	-1236.4%